Itron Acquires Elpis Squared
March 5, 2024
Itron, Inc. has acquired Elpis Squared, a Newport Beach–based provider of software and services for utility grid operations, effective March 5, 2024. The deal expands Itron's Grid Edge Intelligence portfolio by adding Elpis Squared's RE|Grid Suite and expertise in distribution grid planning, operations and engineering to accelerate grid modeling, analytics and operational use of high-resolution grid edge data.
- Buyers
- Itron, Inc.
- Targets
- Elpis Squared
- Industry
- Utilities
- Location
- California, United States
- Transaction Type
- Buyout
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